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Gran Tierra Energy ( (GTE) ) has shared an update.
Gran Tierra Energy has reported the vesting and cash settlement of Performance Share Units and Restricted Stock Units granted to senior executives, including its CEO, CFO and other top officers. The PSUs granted in February 2023 vested with a performance factor of 1.33, and the first tranche of RSUs granted in February 2025 also vested, with both awards settled based on a 10-day volume-weighted average price of $5.59 as of December 31, 2025.
The transactions, which were executed outside a trading venue on April 7, 2026, resulted in the payout of 577,556 PSUs and 131,330 RSUs to persons discharging managerial responsibilities. The disclosure, made under EU Market Abuse Regulation rules, underscores the company’s ongoing use of equity-linked incentives to align executive compensation with share performance and shareholder interests.
More about Gran Tierra Energy
Gran Tierra Energy Inc. is an oil and gas exploration and production company. It focuses on developing and operating energy assets, with its common stock used as the underlying instrument for executive equity-based compensation, including performance and restricted stock units.
For an in-depth examination of GTE stock, go to TipRanks’ Overview page.